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BNPL Giant Klarna Enters New Zealand Market, Promises Smooth Customer Shopping Experience
May 05, 2021 09:41 AM AEST| By Team Kalkine MediaSummary Buy-Now-Pay-Later schemes are booming amid the coronavirus pandemic. With varied payment options, customers can now even make big purchases. Klarna, BNPL company has launched its services in the New Zealand market. Amid the corona.....
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New Investment Deals with India To Boost the Economy and Employment
May 05, 2021 03:10 AM AEST| By Suhita PoddarSummary The £1-billion UK-India trade deal announced to generate 6,500 UK jobs will mainly focus on the healthcare and technology sectors. The partnership is expected to be a steppingstone for a future FTA between the two nations. These .....
10 Things to Know About Digital Artwork and NFTs
May 05, 2021 03:00 AM AEST| By Team Kalkine MediaSummary NFTs are the latest craze in the investment sphere with many turning to the unconventional tool to keep as a collectible. Big brands have associated themselves with the investment tool, more so to use it as a marketing device. NFTs may.....
Doge To The Moon! Dogecoin Hits Record High Ahead Of Musk’s SNL Debut
May 05, 2021 01:56 AM AEST| By AnujCryptocurrency Dogecoin surpassed Stellar to take the fourth position in terms of market cap after it recorded an all-time high of US$ 0.495439 apiece on Tuesday, 4 May (4:15AM EST). The meme token climbed as much as 26 per cent and pushed its marke...
Why Commodities Index Hit at A Nine-Year High
May 04, 2021 05:07 PM AEST| By Team Kalkine MediaSummary The Bloomberg commodity spot index surged to nine-year high levels amid robust economic recovery. Almost all the commodities are rallying as the economic rebound bolstered their demand. The commodity prices recovered significantly from.....
Unemployment In Urban India Nearing Hit Double-Digit Mark As COVID-19 Crisis Deepens
May 04, 2021 04:16 PM AEST| By Furquan MoharkanThe chances of economic recovery in the world’s second-most populous country – India – look bleak as the unemployment rate in the urban centres in India has touched its highest level in almost eight months – nearing a double.....
XRP Makes Waves, Soars 40% in the Past Week
May 04, 2021 03:50 PM AEST| By Team Kalkine MediaSummary Cryptocurrency Ripple (XRP) has gained a 3% market share, having risen 40% in the past seven days. Ripple, first launched in 2012, was designed to improve upon the limitations of Bitcoin (BTC) by creating a more sustainable digital asse.....
RBA keeps rates unchanged, revises up GDP growth
May 04, 2021 03:31 PM AEST| By AshishThe Reserve Bank of Australia (RBA) on Tuesday kept both official interest rate and yield target on the three-year bond yield unchanged 0.1%. The RBA, however, upgraded the gross domestic product (GDP) growth scenario, with growth of 4% expected ov.....
In Pre-Budget Speech, NZ FM Calls For Reutilising Funds For Economy’s Recovery
May 04, 2021 02:18 PM AEST| By Team Kalkine MediaTuesday morning, New Zealand was greeted by Hon Grant Robertson, Minister of Finance, when he delivered his annual pre-budget speech to the audience at the Wellington Chamber of Commerce. Robertson stated that all the funds allocated for meeting C.....
New Zealand’s home transfers rose 34% in March 2021 quarter
May 04, 2021 02:00 PM AEST| By SonalSummary Home transfers in New Zealand rose by 34% on pcp in the March quarter of 2021. The high number of home transfers in March quarter comes after a strong December 2020 quarter. 192 home transfers were made to buyers who did not have New Z.....
New Zealand’s Sauvignon Blanc Wine Has Upped The Game A Few Notches
May 04, 2021 01:36 PM AEST| By RomaSummary Sauvignon Blanc has witnessed a global surge. Wine has performed well through a tumultuous last year. Have a look at what are the best blends this season. Amongst the many sectors that fared well in the past year, wine has done ex.....
It’s splitsville for the Gates: Bill, Melinda end 27-year marriage
May 04, 2021 01:30 PM AEST| By Team Kalkine MediaMicrosoft co-founder and the world's fourth wealthiest person, Bill Gates and his wife Melinda have mutually decided to end their 27-year-long marriage. On Monday, they announced their split on Twitter through identical tweets. A glimpse into what.....
Mixed opening for APAC markets; Japan, China and Thailand on holidays
May 04, 2021 01:06 PM AEST| By Furquan MoharkanThe Asia-Pacific markets were showing mixed trends on Tuesday, even as three major markets – China, Japan, and Thailand – are closed on account of respective national holidays. South Korea’s KOSPI was down 14 basis points despite.....
NZ Productivity Commission to probe immigration policy
May 04, 2021 11:43 AM AEST| By Team Kalkine MediaSummary The Productivity Commission has initiated an investigation into immigration policy settings. The system-wide review will focus on immigration policy as a means of improving productivity in a way that is targeted to aid the overall well-.....
RBA Monetary Policy: What market expects from the central bank
May 04, 2021 10:03 AM AEST| By Team Kalkine MediaThe Australian share market closed flat with positive bias on Monday as traders were cautious ahead of Reserve Bank of Australia’s (RBI) policy meetings on Tuesday, with a decision expected at 2.30 pm. The ASX200 closed 3 points higher at 7,0.....
Warren Buffett Names Greg Abel As His Successor at Berkshire Hathaway
May 04, 2021 09:55 AM AEST| By Team Kalkine MediaSummary The 90-year-old business mogul said in a TV interview that if he were to step down, Mr. Greg Abel would take over reins. Buffett, who has been the CEO of the company since 1965, had first discussed the succession plan in a letter to sha.....
Verizon To Sell Media Businesses Including Yahoo, AOL To Apollo For US$5B
May 04, 2021 06:12 AM AEST| By Team Kalkine MediaVerizon Communications Inc. (NYSE: VZ) said May 3 it agreed to sell the company’s media business including Yahoo and AOL to private equity firm Apollo Global Management, Inc. (NYSE: APO) for US$5 billion. The New York-based telecommunication.....
Ardern Announces Two-Way Travel Bubble Between New Zealand, Cook Islands
May 04, 2021 06:00 AM AEST| By Team Kalkine MediaSummary Two-way travel bubble to commence between New Zealand and the Cook Islands from 17 May 2021. The Cook Islands has remained COVID-19-free during the entire coronavirus pandemic. In case of any detection of virus, Kiwis would be repatria.....
Ethereum Crosses $3K-Mark To Hit All-Time High. What Next?
May 03, 2021 07:06 PM AEST| By Team Kalkine MediaEthereum (Ether), the second largest crypto by market cap, surpassed the US$ 3,000-mark for the first time ever on Sunday, May 2. The blockchain giant hit multiple record highs last week as the European Investment Bank (EIB) issued its digital bonds...
Australian, Kiwi Dollar Firm Ahead of Series of Global Events
May 03, 2021 06:47 PM AEST| By ManikaThe Australian dollar remained firm on Monday despite all indications from the Federal Bank of Australia (FBA) that it was going to keep the interest rates unchanged. The NZ dollar also remained strong. The AUD remained strong at $0.7713, holding on...